Fears as rising US-China tariffs crisis may mar massive flow of cheap loans to Africa
There are indications that the continued rise in US-China trade war which is hitting hard on Chinese industrial productivity may soon begin to hobble free-flow of cheap loans to Africa and Nigeria in particular. It would be recalled that during…
China tactically ‘buying Africa’ as unpaid loans since 2000 hit $130bn
At a time President Muhammadu Buhari has averred that Chinese loans are not debt traps, more informed international affairs analysts and China foreign policy experts have argued that lack of transparency in Chinese lending will increase Africa’s debt burden going…
US economist, Harris sees danger if Africa defaults rising Chinese ‘cheap’ loans
The CEO of Harris Africa Partners LLC and senior director for Africa at the White House from 2011-2015, who been advising multinationals on investing in Africa, Grant T. Harris has raised fears on why China is not telling Africa what…
66th most powerful in the world, Dangote, gives tips to FG on how to grow tax net
At a time the federal government is pursuing every means possible to capture many Nigerians, businesses and multinationals into its currently shallow tax nets, leading industrialist, 66th most powerful person in the world and President of Dangote Group, Alhaji Aliko…
Trump win fingered as reason why FG may have abandoned Yuan deal one year after
Analysts in international diplomacy and currency logistics are still divided on why the federal government apparently abandoned its highly publicized currency swap agreement between it and China one year after. One year after the agreement was signed, nothing much has…
